Product Code: ETC8851311 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The shift towards serverless computing is growing in the Philippines as businesses seek cost-efficient and scalable cloud solutions. The market is driven by the rise of SaaS applications and DevOps. However, concerns over vendor lock-in and security risks may hinder adoption.
Serverless computing is gaining traction in the Philippines as businesses seek cost-effective and scalable cloud solutions. This model eliminates the need for traditional server management, allowing organizations to focus on application development. The rise of fintech, e-commerce, and software-as-a-service (SaaS) platforms is fueling demand.
Serverless computing adoption in the Philippines is hindered by concerns over data security, lack of skilled professionals, and unreliable internet connectivity. Businesses worry about data privacy when using cloud-based serverless platforms. Additionally, there is a shortage of IT professionals with expertise in serverless architecture. Frequent network disruptions and slow internet speeds in certain regions also limit the effectiveness of serverless computing solutions.
The rise of cloud-native applications and on-demand computing solutions is creating opportunities in serverless computing. Businesses investing in serverless architecture development, enterprise cloud adoption consulting, and infrastructure optimization services can benefit from this growing trend.
The DICT supports cloud-based serverless computing as part of the countrys digital transformation. Policies encourage businesses to adopt cloud infrastructure, with tax incentives provided for companies migrating to serverless environments.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Serverless Computing Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Serverless Computing Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Serverless Computing Market - Industry Life Cycle |
3.4 Philippines Serverless Computing Market - Porter's Five Forces |
3.5 Philippines Serverless Computing Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.6 Philippines Serverless Computing Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines Serverless Computing Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Philippines Serverless Computing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Serverless Computing Market Trends |
6 Philippines Serverless Computing Market, By Types |
6.1 Philippines Serverless Computing Market, By Service |
6.1.1 Overview and Analysis |
6.1.2 Philippines Serverless Computing Market Revenues & Volume, By Service, 2021- 2031F |
6.1.3 Philippines Serverless Computing Market Revenues & Volume, By Professional, 2021- 2031F |
6.1.4 Philippines Serverless Computing Market Revenues & Volume, By Managed, 2021- 2031F |
6.2 Philippines Serverless Computing Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Serverless Computing Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.2.3 Philippines Serverless Computing Market Revenues & Volume, By Multi-Cloud, 2021- 2031F |
6.3 Philippines Serverless Computing Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Philippines Serverless Computing Market Revenues & Volume, By IT & Telecommunication, 2021- 2031F |
6.3.3 Philippines Serverless Computing Market Revenues & Volume, By BFSI, 2021- 2031F |
6.3.4 Philippines Serverless Computing Market Revenues & Volume, By Retail, 2021- 2031F |
6.3.5 Philippines Serverless Computing Market Revenues & Volume, By Government, 2021- 2031F |
6.3.6 Philippines Serverless Computing Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Philippines Serverless Computing Market Import-Export Trade Statistics |
7.1 Philippines Serverless Computing Market Export to Major Countries |
7.2 Philippines Serverless Computing Market Imports from Major Countries |
8 Philippines Serverless Computing Market Key Performance Indicators |
9 Philippines Serverless Computing Market - Opportunity Assessment |
9.1 Philippines Serverless Computing Market Opportunity Assessment, By Service, 2021 & 2031F |
9.2 Philippines Serverless Computing Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines Serverless Computing Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Philippines Serverless Computing Market - Competitive Landscape |
10.1 Philippines Serverless Computing Market Revenue Share, By Companies, 2024 |
10.2 Philippines Serverless Computing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |